Wipro Ltd. said Thursday it has implemented a blockchain-based small-scale liquefied natural gas (LNG) trading/fulfillment platform for Uniper Global Commodities SE and its LNG-for-trucks subsidiary, Liqvis GmbH.

Blockchain is a distributed ledger that can initiate and verify transactions on a network as they occur. Small-scale LNG solutions, mainly involving transport by truck, are an increasingly common alternative in stranded areas without access to natural gas pipelines.

The decentralized platform unveiled by Bangalore, India’s Wipro and Düsseldorf, Germany-based Uniper is designed to simplify commodity management “in a market characterized by extensive manual and paper-based transactions and high operational cost,” the firms said.

Wipro is an information...